Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Just need the answer. Prestridge Corporation is a service company that measures its output by the number of cus and the actual results of operations

image text in transcribedJust need the answer.
Prestridge Corporation is a service company that measures its output by the number of cus and the actual results of operations for August o tomers served. The company has provided the folloning fixed and variable cost estimates that it uses for budgening purposes Variable Fixed Element per Actunl Elenent Custoner Total f per Month Served ugust 4,100 $120,500 Enployee salaries and vages $41,500 $1,000 71,200 Travel expenses Other expenaes s 500 $14,800 38,400 38,900 the compary prepared ts planning budget at the beginning of August, in assumed that 31 customers would have been served The activity veriance for net opereting income for August would have been closest bo However, 29 customers were actuaily served during August Mutiple Choice 5.200 F 4100 U Ss200 U 4300P

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bookkeeping And Accounting

Authors: Greg Shields

1st Edition

1983673536, 978-1983673535

More Books

Students also viewed these Accounting questions

Question

What are the functions of top management?

Answered: 1 week ago

Question

Bring out the limitations of planning.

Answered: 1 week ago

Question

Why should a business be socially responsible?

Answered: 1 week ago

Question

Discuss the general principles of management given by Henri Fayol

Answered: 1 week ago